1102 Langdale Circle, Valdosta GA 31602 128058
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4 duplexes (8 doors) with value-add potential at affordable entry level price point! 100% occupancy in central Valdosta location within Valdosta city limits. Close to SGMC, Moody AFB, & VSU -- jobs, schools, retail, entertainment etc all around! Each floorplan consists of 2BR/1BAs tucked away in quiet cul-de-sac setting with unique design characteristics inside and out. Many long term residents on month to month leases allow new owner to bump rents to market rates immediately OR just over time as units naturally turn. Currently $4570/monthly rents are 7.50% cap rate but could easily be bumped to $5200/month or just $650/month per door to get to 8.53% or more!
Listing Provided By COLDWELL BANKER PREMIER REAL E